Astral Foods Balance Sheet Health
Financial Health criteria checks 5/6
Astral Foods has a total shareholder equity of ZAR4.8B and total debt of ZAR751.6M, which brings its debt-to-equity ratio to 15.8%. Its total assets and total liabilities are ZAR9.1B and ZAR4.3B respectively. Astral Foods's EBIT is ZAR843.9M making its interest coverage ratio 8.9. It has cash and short-term investments of ZAR739.2M.
Key information
15.8%
Debt to equity ratio
R751.59m
Debt
| Interest coverage ratio | 8.9x |
| Cash | R739.19m |
| Equity | R4.75b |
| Total liabilities | R4.35b |
| Total assets | R9.10b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ARL's short term assets (ZAR5.6B) exceed its short term liabilities (ZAR3.4B).
Long Term Liabilities: ARL's short term assets (ZAR5.6B) exceed its long term liabilities (ZAR950.2M).
Debt to Equity History and Analysis
Debt Level: ARL's net debt to equity ratio (0.3%) is considered satisfactory.
Reducing Debt: ARL's debt to equity ratio has increased from 1.2% to 15.8% over the past 5 years.
Debt Coverage: ARL's debt is well covered by operating cash flow (185.5%).
Interest Coverage: ARL's interest payments on its debt are well covered by EBIT (8.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 16:19 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/09/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Astral Foods Limited is covered by 7 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Samantha Naicker | Absa Bank Limited |
| Victor Dima | Arqaam Capital Research Offshore S.A.L. |
| Niel Venter | BofA Global Research |